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Credit unions and banks alike are fighting back against a proposal by the Department of Education (ED) that would restrict how universities disburse federal student loan funds, arguing the agency has overstepped its statutory authority.

Fidelity National Information Services, a provider of banking and payments technology, agreed to buy software maker SunGard Data Systems in a deal valued at $9.1 billion, including the assumption of debt.

GE Sells Health Care Unit; Sadder But Wiser Bankers

Fidelity National Information Services, a provider of banking and payments technology, agreed to buy software maker SunGard Data Systems in a deal valued at $9.1 billion, including the assumption of debt.

There are many concerning aspects of the Consumer Financial Protection Bureau's methods, not the least of which include its proclivity to regulate via enforcement and its reliance on overly broad and ambiguous languageto support its activities.

When the card networks' October deadline for EMV-chip card adoption arrives, things will likely have changed very little compared to how they are today.

Not long ago, mentioning the word aggregation would make any e-commerce risk analyst cringe. That’s now changed as payment facilitators have emerged as a key value add for acquirers and processors.

United Bancshares in Columbus Grove, Ohio, said its chief financial officer, Diana Engelhardt, has decided to resign.

Tough new regulatory requirements for regional banks exceeding $50 billion in assets are costly, but much of that toll would remain even if Congress reformed the asset threshold, according to a provocative new paper.

Presidio Bank in San Francisco has named Larry Nibbi, a minority owner of the San Francisco Giants, to its board.